1.
Theory Decis
; 92(3-4): 455-512, 2022.
Article
in English
| MEDLINE
| ID: mdl-35493762
ABSTRACT
This paper provides a general framework for analyzing self-confirming policies. We study self-confirming equilibria in recurrent decision problems with incomplete information about the true stochastic model. We characterize stationary monetary policies in a linear-quadratic setting.